Global Economy
US-China trade: joke’s over
Once entertaining, the Trump administration is becoming unfunny. In less than a week the trade dispute between China and the US has escalated to cover what will quite likely be…
The China puzzle in Asia
China is rising! This remarkable event, which is hardly surprising because the process has been underway for at least forty years, is causing great excitement in…
Global profit shifting
Australia’s proposed corporate tax cuts aim to attract footloose global capital by offering an internationally competitive tax rate.
Much of the global tax debate, however,…
G7: the most honest summit – ever!
US President Donald Trump’s performance last week at the G7 summit at La Malbaie, Canada, may have thrown the G7 into disarray and left US–Canada relations in tatters, but he…
Economic diplomacy brief: G7 after Trump, avoiding a China bust, and ASEAN integration
After the G6
The last time the world’s rich club lost a member was when Russia annexed Crimea in 2014 – although the former Soviet Union was always a difficult fit.
But the…
Tariffs: the US rebuffed
The terse statement from the G7 finance ministers meeting about the US decision to impose steel and aluminium tariffs on the EU, Canada, and Mexico has shocked many observers …
When is monetary policy neutral?
Interest rates are on the way up in America, with financial markets in “risk-off” mode, nervously wondering just how much rates will rise. John Williams, recently appointed to…
Keeping track of trade distortions
A tentative ceasefire has been declared in the US–China trade war, giving China time to make adjustments which might placate America. With the emphasis on the US–China bilateral…
Economic diplomacy brief: China relations, debt time bomb, and new rivalries
Different to the normal pattern
Reserve Bank of Australia governor Philip Lowe has put the increasingly fractious bilateral relationship with China into the kind of big…
The tide is turning against US financial regulation
This article was orginally published on 7 February and has been reposted following legislative change this week in the US.
For most of the decade since the global…